When it comes to buying and selling a car, cutting out the middleman has plenty of perks. Buying a car from a private seller will usually result in a lower price tag. Selling your car yourself will ...

Millions of car buyers in the U.S. could soon get some tax relief thanks to a provision in the so-called "big, beautiful bill" that was signed into law on July 4 by President Trump. The idea of giving ...

Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...

If you purchased an electric vehicle, that doesn’t mean you get to bypass road taxes. Dozens of states have implemented taxes and registration fees targeting EV owners. That way, commuters can ...

Hey, that's a nice bubble. It would be a shame if someone burst it. Sorry if you thought you could go buy a car in a state with low to no taxes, then bring it to your home state and avoid paying the ...

Last year, data show Americans drove away from dealerships with more than 15 million new vehicles, with roughly 80% of buyers reportedly relying on financing to purchase. So far in 2025, average car ...

The OBBBA offers an “above-the-line” deduction for qualified tips, capped at $25,000 for singles ($50,000 for married couples). This is temporary for tax years 2025-28. The OBBBA also offers a ...

Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto dealers group announced an IRS change that will enable dealers to fix EV tax ...